BILL Holdings, Inc. $BILL Stock Holdings Lessened by Nomura Holdings Inc.

Key Points

• Nomura Holdings Inc. has reduced its stake in BILL Holdings, Inc. by 84.2%, leaving it with 18,931 shares valued at approximately $869,000.
• Several institutional investors, including Ameriprise Financial and Dimensional Fund Advisors, significantly increased their holdings in BILL during the first quarter, reflecting growing interest from large financial entities.
• BILL Holdings has seen a positive earnings report, achieving $0.53 earnings per share, beating estimates, and it has announced a $300 million share repurchase plan, signaling potential confidence in its stock value.

Nomura Holdings Inc. decreased its position in BILL Holdings, Inc. (NYSE:BILL - Free Report) by 84.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,931 shares of the company's stock after selling 101,069 shares during the period. Nomura Holdings Inc.'s holdings in BILL were worth $869,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. CoreCap Advisors LLC purchased a new position in shares of BILL in the 4th quarter worth about $30,000. Fifth Third Bancorp grew its stake in shares of BILL by 134.1% during the first quarter. Fifth Third Bancorp now owns 749 shares of the company's stock worth $34,000 after purchasing an additional 429 shares in the last quarter. Brooklyn Investment Group lifted its position in BILL by 73.6% in the first quarter. Brooklyn Investment Group now owns 889 shares of the company's stock valued at $41,000 after purchasing an additional 377 shares during the period. Farther Finance Advisors LLC increased its stake in BILL by 2,189.1% during the first quarter. Farther Finance Advisors LLC now owns 1,053 shares of the company's stock worth $48,000 after acquiring an additional 1,007 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of BILL by 303.9% during the 1st quarter. GAMMA Investing LLC now owns 1,236 shares of the company's stock valued at $57,000 after buying an additional 930 shares during the last quarter. Institutional investors and hedge funds own 97.99% of the company's stock.

BILL Stock Down 2.0%

Shares of BILL stock traded down $1.04 on Monday, hitting $50.50. The company had a trading volume of 2,943,430 shares, compared to its average volume of 2,847,254. BILL Holdings, Inc. has a 1 year low of $36.55 and a 1 year high of $100.19. The stock has a 50 day moving average of $44.46 and a 200-day moving average of $45.10. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.58 and a current ratio of 1.58. The stock has a market capitalization of $5.13 billion, a price-to-earnings ratio of -315.77, a P/E/G ratio of 14.76 and a beta of 1.37.

BILL (NYSE:BILL - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.12. The company had revenue of $383.35 million for the quarter, compared to analysts' expectations of $376.43 million. BILL had a net margin of 1.63% and a return on equity of 1.16%. BILL's revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.57 EPS. BILL has set its FY 2026 guidance at 2.000-2.200 EPS. Q1 2026 guidance at 0.490-0.520 EPS. As a group, sell-side analysts forecast that BILL Holdings, Inc. will post 0.12 earnings per share for the current year.

BILL declared that its Board of Directors has initiated a share buyback program on Wednesday, August 27th that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 7.2% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

Insiders Place Their Bets

In other news, insider Rajesh A. Aji sold 1,780 shares of BILL stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $45.25, for a total value of $80,545.00. Following the completion of the sale, the insider owned 9,298 shares of the company's stock, valued at $420,734.50. The trade was a 16.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 4.20% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Mizuho cut their price target on BILL from $50.00 to $43.00 and set a "neutral" rating for the company in a report on Thursday, August 28th. Citigroup lowered their target price on BILL from $88.00 to $67.00 and set a "buy" rating for the company in a research note on Thursday, May 22nd. Needham & Company LLC reissued a "buy" rating and set a $75.00 target price on shares of BILL in a research note on Thursday, August 28th. Robert W. Baird reduced their price objective on BILL from $55.00 to $52.00 and set a "neutral" rating for the company in a research note on Friday, July 18th. Finally, Keefe, Bruyette & Woods lowered their target price on BILL from $54.00 to $46.00 and set a "market perform" rating for the company in a research note on Thursday, August 28th. Ten analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, BILL presently has an average rating of "Hold" and an average target price of $59.50.

BILL Profile

BILL Holdings, Inc provides financial automation software for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, which allow users to automate accounts payable and accounts receivable transactions, as well as enable users to connect with their suppliers and/or customers to do business, eliminate expense reports, manage cash flows, and improve office efficiency.